Savings Effect

Jio Platforms IPO: Dipan Mehta says issue 'very attractively' priced; opportunity to buy high-growth largecap stock

Reliance Jio is looking to capture a significant share of India's growing digital economy, which is expected to reach $1.4 trillion by FY31, Akash Ambani, chairman of Reliance Jio, said ahead of the IPO of Jio Platforms Ltd. "We see goal of enabling India as a premier digital society. Jio Platform is as an able partner to enable that," he said at a press conference ahead of the IPO.

The Supreme Court on Thursday issued notices to the Congress, Leader of Opposition in the Lok Sabha Rahul Gandhi and other INDIA bloc leaders on a petition seeking restrictions on political protests and demonstrations within court premises. A Bench led by CJI Surya Kant and Justice Joymalya Bagchi sought responses from Gandhi and the other respondents on a plea filed by four lawyers.

Jio Platforms’ ₹30,213-crore IPO is set to become India’s biggest-ever.

Improving India-Canada ties brought Fairfax back into play as IDBI Bank's recovery from a bad-loan crisis paved the way for a Rs 52,878 crore sale of a majority stake From financing industrial development after Independence to commercial banking, a prolonged bad-loan crisis and a recovery that paved the way for a change in ownership, IDBI Bank’s journey has been anything but linear.

Congress leader Rahul Gandhi has asked PM Modi not to come in the way of protesting students as they were the voice of the country. "This is one voice, that of India, and you are standing before this protest and voice. PM is standing before this voice. Amit Shah is standing before this voice. I suggest to the PM that he should not stand before this voice. No one can stand before them," the Leader of Opposition said.

#WATCH | Delhi: On the Ankita Bhandari murder case, Ankita's mother Soni Devi, says, "I demand justice for my daughter. Furthermore, the man who has been appointed as Governor—I want that appointment to be halted, and I call for a CBI investigation into the matter. My message to society is this: just as you have supported me and my daughter, Ankita, in the past, please continue to stand by me because this is not just my daughter’s fight—it is a fight for everyone’s daughters."

Reliance Jio Infocomm Chairman Akash Ambani on Thursday said the telecom operator carries more than 60% of India's data traffic, while its data prices per GB are among the lowest in the world.

India is projected to overtake Japan as the world's fourth-largest economy in 2027, with nominal GDP reaching $4.52 trillion, according to the IMF. The fund raised India's 2026 growth forecast to 7%, while Japan is projected to grow just 0.7%.

IAS Saurabh Katiyar will now also serve as the Secretary of the Maharashtra Public Service Commission (MPSC) amid allegations of paper leak.